Obtain Patna Silver (PATN-XAG) Historical Prices via this API

Introduction

In the ever-evolving landscape of financial data, obtaining accurate and timely historical prices for precious metals like Silver (XAG) is crucial for investors, analysts, and developers alike. The Metals-API provides a robust solution for accessing historical prices and real-time data, empowering users to make informed decisions based on comprehensive market analysis. This blog post will delve into the capabilities of the Metals-API, particularly focusing on how to obtain historical prices for Patna Silver (PATN-XAG) and explore the innovative features that make this API a valuable tool for developers.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it indispensable in sectors such as electronics, solar energy, and medical technology. As industries continue to innovate, the demand for Silver is expected to rise, making it essential for investors to track its historical prices and market trends.

Technological advancements in manufacturing have also transformed how Silver is utilized. Smart manufacturing techniques integrate digital technologies into production processes, enhancing efficiency and reducing waste. This shift is complemented by supply chain technologies that ensure the timely delivery of Silver to manufacturers, thereby stabilizing its market price.

Furthermore, digital market analysis tools have emerged, allowing investors to analyze trends and make data-driven decisions. By leveraging real-time data from APIs like Metals-API, users can gain insights into market fluctuations and historical performance, enabling them to strategize effectively.

API Description

The Metals-API is designed to provide developers with access to real-time and historical data for various metals, including Silver. This API is a game-changer in the financial technology space, offering a suite of features that empower developers to create next-generation applications.

One of the standout capabilities of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that developers have access to the most current information, which is vital for applications that require up-to-the-minute data.

Moreover, the API's historical rates feature allows users to retrieve data dating back to 2019, making it an invaluable resource for trend analysis and forecasting. By appending specific dates to the API requests, developers can easily access historical price data for Silver and other metals.

The transformative potential of real-time metals data cannot be overstated. With the Metals-API, developers can build applications that not only track prices but also analyze trends, forecast future movements, and provide insights into market dynamics. This level of access to data is crucial for creating competitive financial tools and applications.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to serve specific needs of developers and analysts. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for all available metals, including Silver. Depending on your subscription plan, this endpoint can return data updated every 60 minutes or even more frequently. This feature is essential for applications that require the latest market information to make timely decisions.

{
"success": true,
"timestamp": 1765422159,
"base": "USD",
"date": "2025-12-11",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical exchange rates is straightforward with the Historical Rates Endpoint. Users can query historical rates for any date since 2019, making it easy to analyze past performance and trends. This feature is particularly useful for investors looking to understand how Silver prices have fluctuated over time.

{
"success": true,
"timestamp": 1765335759,
"base": "USD",
"date": "2025-12-10",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that allows users to retrieve real-time bid and ask prices for metals. This information is crucial for traders who need to understand the market's current buying and selling prices to make informed trading decisions.

{
"success": true,
"timestamp": 1765422159,
"base": "USD",
"date": "2025-12-11",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765422159,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting in-depth analyses of price movements over specific periods, enabling users to identify trends and make predictions.

{
"success": true,
"timeseries": true,
"start_date": "2025-12-04",
"end_date": "2025-12-11",
"base": "USD",
"rates": {
"2025-12-04": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-06": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-11": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. This information is crucial for traders and analysts who need to understand market volatility and make informed decisions based on price movements.

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-04",
"end_date": "2025-12-11",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for technical analysis, enabling traders to assess market trends and make predictions based on historical performance.

{
"success": true,
"timestamp": 1765422159,
"base": "USD",
"date": "2025-12-11",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in the London Metal Exchange prices and trends.

{
"success": true,
"timestamp": 1765335759,
"base": "USD",
"date": "2025-12-10",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

API Key and Authentication

To access the Metals-API, users must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures that only authorized users can access the data, providing a layer of security and control over API usage.

API Response Structure

The API responses are structured to provide clear and concise information. By default, exchange rates are relative to USD, and all data is returned in a JSON format. Understanding the response fields is crucial for developers to effectively utilize the data in their applications.

For example, a typical response for the Latest Rates Endpoint includes fields such as:

• success: Indicates whether the API request was successful.
• timestamp: The time at which the data was retrieved.
• base: The base currency for the exchange rates.
• date: The date for which the rates are applicable.
• rates: An object containing the exchange rates for various metals.
• unit: The unit of measurement for the rates (e.g., per troy ounce).

Common Use Cases and Implementation Strategies

The Metals-API can be integrated into various applications, ranging from trading platforms to financial analysis tools. Here are some common use cases:

• Trading Applications: Developers can build trading platforms that utilize real-time data from the Metals-API to enable users to buy and sell metals based on current market conditions.
• Market Analysis Tools: Analysts can create tools that visualize historical price trends and fluctuations, helping users make informed investment decisions.
• Financial Reporting: Businesses can integrate the API into their financial reporting systems to provide up-to-date information on metal prices, enhancing transparency and decision-making.

Performance Optimization and Scaling

When integrating the Metals-API into applications, it's essential to consider performance optimization and scaling strategies. Here are some best practices:

• Rate Limiting: Be mindful of the API's rate limits based on your subscription plan. Implement caching strategies to reduce the number of API calls and improve response times.
• Data Caching: Store frequently accessed data locally to minimize API requests and enhance application performance.
• Asynchronous Requests: Utilize asynchronous programming techniques to handle API requests without blocking the main application thread, improving user experience.

Security Considerations

Security is paramount when working with APIs. Here are some best practices to ensure secure integration with the Metals-API:

• API Key Management: Keep your API key confidential and avoid exposing it in client-side code. Use environment variables or secure storage solutions.
• HTTPS Protocol: Always use HTTPS to encrypt data in transit, protecting sensitive information from interception.
• Error Handling: Implement robust error handling to manage API errors gracefully and provide users with meaningful feedback.

Conclusion

In conclusion, the Metals-API is a powerful tool for developers seeking to access real-time and historical prices for precious metals like Silver (XAG). With its extensive features, including the Latest Rates, Historical Rates, and various conversion endpoints, the API empowers users to build innovative applications that leverage real-time data for informed decision-making.

By understanding the capabilities of the Metals-API and implementing best practices for performance optimization and security, developers can create robust financial applications that meet the needs of their users. Whether you're building a trading platform, market analysis tool, or financial reporting system, the Metals-API provides the data and functionality necessary to succeed in the competitive landscape of precious metals.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.